Cumberland, IN Real Estate

According to census data in the year 2000 there were 2,084 housing units in Cumberland. This represents a 20.2% growth from 1,734 in 1990.

Of those housing units, 2,084 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Cumberland is about 72.7%. Cumberland's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.73 people.

The majority of houses, apartments or condos in Cumberland were built after 1983.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom10.30%
Two Bedrooms18.20%
Three Bedrooms47.50%
Four Bedrooms18.90%
Five Bedrooms or more4.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.96
Median year structure was built1986
Median Value of occupied units$142,900

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1977
Median Monthly Rent asked for vacant units$563

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage10.80%
Home Equity Loan14.50%
Simple Mortgage54.40%
Debt Free19.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%